Resolution #21-15: Authorizing Creation of Fee for Insufficient Funds

Date of Adoption: February 4, 2021

WHEREAS, the Vernon Township Municipal Utilities Authority accepts payments of sewer user charges, connection fees and other charges by check;

WHEREAS, from time-to-time, a check is returned for insufficient funds or other reasons;

WHEREAS, a financial impact is incurred by the Vernon Township Municipal Utilities Authority when checks are returned for insufficient funds and the Township Finance Office has a long-standing policy of charging $20.00 for any dishonored check;

WHEREAS, the Commissioners of the Vernon Township Municipal Utilities Authority agree with this policy;

NOW, THEREFORE IT BE RESOLVED, by the Commissioners of the Vernon Township Municipal Utilities Authority that any person or entity who presents a check to the Vernon Township Municipal Utilities Authority which is subsequently dishonored by their financial institution shall pay a fee of $20.00 to the Vernon Township Municipal Utilities Authority.